{"id":11642,"date":"2021-11-01T08:19:51","date_gmt":"2021-11-01T08:19:51","guid":{"rendered":"https:\/\/tradingshot.com\/?p=11642"},"modified":"2023-05-05T08:23:57","modified_gmt":"2023-05-05T08:23:57","slug":"usdcad-2022-will-be-a-very-bullish-year-for-the-pair","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2021\/11\/01\/usdcad-2022-will-be-a-very-bullish-year-for-the-pair\/","title":{"rendered":"USDCAD 2022 will be a very bullish year for the pair"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>As the title suggests, I expect USDCAD to be bullish for 2022. The reason is the fractal (on this 1W time-frame) from 2017 &#8211; 2018 that the pair appears to be replicating.<\/p>\n<p>As you see this market follows strict Support and Resistance levels, easily recognizable on the long-term scale. The Multi-year Market Top of 1.4700 held during the COVID stock-market melt-down of March 2020 and as the 1.2000 level supported on a symmetrical scale, it appears that USDCAD is forming a symmetrical Channel Up to that of 2018. The natural technical target for 2022 is 1.36000.<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/USDCAD\/wyST09YW-USDCAD-2022-will-be-a-very-bullish-year-for-the-pair\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/USDCAD\/wyST09YW-USDCAD-2022-will-be-a-very-bullish-year-for-the-pair<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; As the title suggests, I expect USDCAD to be bullish for 2022. The reason is the fractal (on this 1W time-frame) from 2017 &#8211; 2018 that the pair appears to be replicating. As you see this market follows strict Support and Resistance levels, easily recognizable on the long-term scale. The Multi-year Market Top of<\/p>\n","protected":false},"author":611,"featured_media":11643,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1637],"tags":[],"class_list":["post-11642","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=11642"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11642\/revisions"}],"predecessor-version":[{"id":11646,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11642\/revisions\/11646"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/11643"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=11642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=11642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=11642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}